SL Green Leases 43,000 Square Feet At 3 Columbus Circle New York With Tenant's Rep Derek Trulson
3 Columbus Cir, New York, NY, 10019
Building Size
43,000 SF
Asset Type
Retail
Closing
Nov 19, 2023
AI
Located at 3 Columbus Cir, New York, NY, 10019, this lease transaction involves a property with a total area of 43,000 square feet. The market for this property is New York, and it is owned by SL Green.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 3 Columbus Cir, New York, NY, 10019
- Square Feet: 43,000
- Market: New York
- Landlord: SL Green
- Tenant's Representative: Derek Trulson (JLL)
- Landlord's Representative: Jeff Winick (Winick Realty Group)
The transaction involved key representatives including Derek Trulson from JLL acting on behalf of the tenant and Jeff Winick from Winick Realty Group representing the landlord, SL Green.
Players
New York Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93